Monday, April 20, 2009

The California Legislature Is Being Misled

The California Assembly Committee on Revenue and Taxation is holding hearings today on bill AB 279, the “Great Schools Tax Credit Act.” This bill is much like the scholarship donation tax credit program in Florida, which is a bi-partisan success that saves the state $1.49 for every $1 it reduces state revenue.

But you wouldn’t know that if you read the Committee’s remarkably flawed official Bill Analysis.

Full article here

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